Plan Snapshot
- Plan Sponsor: New Berlin Plastics, INC.
- Sponsor EIN: 391217448
- Sponsor Address: 5725 S. WESTRIDGE DRIVE, NEW BERLIN, WI, 531517952
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 150 | $9.8M | $273,766 | $661,845 |
| 2023 | 152 | $8.3M | $235,175 | $549,202 |
| 2022 | 122 | $6.9M | $222,436 | $512,282 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $36,208 | — | $36,208 |
| OSAIC WEALTH INC | Investment Advisor | — | $17,350 | $17,350 |
| BLUE CHIP RETIREMENT PLANS, INC | Recordkeeper | $3,525 | $8,872 | $12,397 |
| NEW BERLIN PLASTICS | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,955
- Estimated Expense Ratio: 0.776% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $49,733 | — | $2,300 | — | — |
| 2023 | $42,867 | — | $4,125 | — | — |
| 2022 | $31,787 | — | $31,787 | — | — |